Spire Capital Majority Recapitalizes DBI and Merges It with ERI Solutions
August 5, 2020
Spire Capital Partners completed a majority recapitalization investment in DBI (DBI Group / DBI, Inc.), a Lenexa, Kansas-based provider of nondestructive testing, mechanical integrity and pipeline inspection services. Spire simultaneously merged DBI with its existing portfolio company ERI Solutions to create a larger U.S. testing, inspection, certification and compliance services platform led by ERI's CEO.
- Buyers
- Spire Capital Partners, ERI Solutions
- Targets
- DBI (DBI Group / DBI, Inc.)
- Sellers
- DBI shareholders / principals
- Platforms
- ERI Solutions
- Industry
- Industrial Services
- Location
- Kansas, United States
- Transaction Type
- Recapitalization
Explore More
Related Acquisitions
-
Spire Capital Invests in ERI Solutions, Inc.
January 24, 2019
Industrial Services
Spire Capital, a New York-based private equity firm, announced an undisclosed investment in ERI Solutions, Inc., a Wichita, Kansas provider of testing, inspection, safety, environmental and compliance services. The capital will support ERI's cloud-based technology platform, expand its client footprint and enable growth through new service offerings and strategic acquisitions while CEO Nathan Vander Griend remains in place.
-
SFW Capital Partners Majority Recapitalizes RDI Technologies
February 17, 2022
Industrial Services
SFW Capital Partners completed a majority recapitalization of RDI Technologies, with founder and senior management reinvesting to retain a meaningful equity stake. RDI, a Knoxville-based provider of vision-based analytical solutions for predictive maintenance and test & measurement, will partner with SFW to accelerate growth, expand product and sales capabilities, pursue add-on acquisitions, and build an international footprint.
-
ERI Solutions (Spire Capital Portfolio) Acquires BLOC Environmental Solutions
February 4, 2020
Environmental Services
ERI Solutions, a Spire Capital portfolio company, acquired BLOC Environmental Solutions, a San Antonio-based health, safety, and environmental compliance services provider, with the transaction closing January 31, 2020. BLOC will operate as a division of ERI under its existing brand, with all BLOC owners and staff joining ERI to expand ERI's service offering and geographic footprint.
-
MCM Capital Partners Majority Recapitalizes EB Industries
January 1, 2020
Manufacturing
MCM Capital Partners has completed a majority recapitalization of EB Industries (EBI), a Farmingdale, New York-based provider of electron beam and laser welding and precision manufacturing services. The investment will provide EBI with capital and resources to accelerate growth through expanded sales and marketing, vertical integration opportunities and strategic add-on acquisitions while providing liquidity/partial exit to founder Steve DeLalio.
-
SDC Capital Partners Majority Recapitalizes Summit Infrastructure Group (SummitIG)
January 11, 2019
Telecommunications
Funds managed by SDC Capital Partners have acquired a majority interest in Summit Infrastructure Group (SummitIG) in a majority recapitalization. Columbia Capital retains a material ownership stake; the transaction provides SummitIG with additional capital and operational support to accelerate expansion of its dark fiber network in Virginia and into new markets.
-
DPIS Builder Services (Saw Mill Capital) Acquires The Ei Companies
November 11, 2020
Construction
DPIS Builder Services, a portfolio company of Saw Mill Capital, has acquired the Ei Companies, a Las Vegas-based provider of energy inspections and MEP design services. The deal expands DPIS' geographic footprint into the Western United States and creates a nationwide platform for engineering, inspection, testing and certification across the residential construction market.
Track M&A activity that matters to you
Get real-time deal alerts, build buyer lists with AI, and access our full acquisition database. Start your free trial today.